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The top awards shows have been pushed back further than usual, and the 2021 Oscars have not escaped that fate.

You’ll still get your Academy Awards fix, but they’re coming in April.

If your interest in the Oscars ends at simply wanting to bet on them, of course, you can start formulating your Oscars wagers now.

The only question is what bets are best to target and where you should bet. This Academy Awards betting guide promises to point you in the right direction, with a look at the best sites to bet on the Oscars and more.

For a full breakdown of this year’s red carpet extravaganza, read through my Oscars betting preview for 2021.

Before you can bet on the Oscars, you need a place to do it. The top Oscars betting sites listed above are the best options for you to consider, as they’re among the most reputable sites online.

When pondering where to bet on the Oscars in 2021, you should have a shortlist of necessary criteria. Here’s a good starting point.

At the top should be safe, as you want to know where your money is going. Researching to assess a site’s credibility and reputation also isn’t a bad idea.

In addition, bettors may want to consider sites that offer top-notch customer service, competitive pricing, selective wagers, alluring promotions, and anything that makes the user experience better.

How you pick where to bet on the Oscars is up to you, and everyone prioritizes things differently.

If you deposit money to bet on the 2021 Academy Awards, you want to know you’re getting your winnings and getting them in a timely manner.

The sites listed above can be trusted in that regard. Now it’s up to you to decide which site is the “best of the best,” as well as which Oscar bets deserve your money.

The 2021 Oscars are coming at you later than usual, as the Academy needed extra time to consider nominees for every category.

As I write this 2021 Oscars betting guide, the official nominations aren’t even set. The process is just getting through the first round of voting, though, so bettors are getting closer to knowing which actors and films they can confidently bet on.

There are still some things we can look at to get ready to bet on the 2021 Academy Awards, so let’s dive into what is common knowledge already.

One of the biggest questions each year is who will host the Oscars. If you’re coming here to figure out who will host the 2021 Oscars, I don’t really have an answer for you.

Well, I do, but it’s more of a non-answer.

The Academy opted not to have a specific person host the Oscars the past two years, and late-night talk show host Jimmy Kimmel was the most recent to host in 2018.

That decision snapped a 30-year streak of having someone host the Oscars.

The early consensus is that there won’t be a host again for the 2021 Oscars, but nothing official has been reported. Some entertainment betting sites are still accepting bets for who will host the Oscars this year, but if you’re considering that wager, I’d hammer the “no one” angle.

As mentioned, the Academy is still in the process of finalizing nominees for the 2021 Oscars. If you came here wondering who has the most Oscars nominations, that really isn’t known yet.

Those lists aren’t final, but the Oscars nominations are starting to cut down to shortlists, which makes early Oscars betting a lot more appealing now.

All of those lists aren’t out just yet, but some have trickled out.

Announcing the 93rd #Oscars shortlists! https://t.co/j8AtB09vsO

Final Oscars nominations are set to take place on March 5th, with the 2021 Oscars nominees slated to be announced on March 15th.

Once that news is made known to the public, I will update this section with a look at the biggest names with the most 2021 Oscars nominations.

Despite the final 2021 Oscars nominations far from being ready to announce, you can still bet on who will win in the major categories.

Bovada is your best bet to do so at the moment, as they’re hosting a plethora of bets with some alluring Oscars odds.

I won’t list them all simply because so much will change in the next month or so, but the major categories should give you a taste of what to expect.

Nomadland is the favorite to win Best Picture at the Oscars right now. It’s the unfortunately rare film to be directed by a woman, and it’s led by the unflinching Frances McDormand.

Nomadland is 100% deserving of its status as the favorite, and I won’t be shocked if it lives up to that billing.

Mank was a top contender months ago and is still around as a viable threat. Gaining steam is Ma Rainey’s Black Bottom and The Trial of the Chicago 7, which are sneaky bets to win at the moment.

If you’re looking for a sleeper bet, Minari (+1400) and One Night in Miami (+1800) also stand out.

Nomadland is a top contender to win at the 2021 Oscars because it was beautifully crafted. If it doesn’t win for Best Picture, then Chloe Zhao should be honored for her work as director.

Not enough women even get directing gigs, and even fewer get the praise they should get. That’s starting to change, of course, with three female directors already getting recognized at the 2021 Golden Globes.

Regina King, Chloe Zhao and Emerald Fennell became the sixth, seventh and eight women to receive a best directing nod at the #GoldenGlobes — joining Barbra Streisand, Jane Campion, Sofia Coppola, Ava DuVernay and Kathryn Bigelow. https://t.co/s6VDi8AoIKpic.twitter.com/bdtiO50DTz

It’s nice to see Zhao breaking through and being respected here, and at -300, she’s a solid bet to win.

Fincher is a living legend. I wasn’t a big fan of the slow-moving Mank, but it’s garnered insane praise, and he’s going to be a real threat (and an elite value bet).

One sleeper that stands out is Regina King.

Her direction in One Night in Miami was flawless. That’s another skilled woman the Academy could decide to shine a light on, but her +1800 odds suggest she’s more of a longshot.

The late Chadwick Boseman looks like a lock to win Best Actor. His unfortunate passing shoved him into the spotlight, but he still did stellar work in Ma Rainey’s Black Bottom.

It is arguable it wasn’t actually the best performance by an actor this year, but a posthumous honor would be fitting. His -500 odds tell you it makes little sense to look elsewhere, but there are other efforts that are just as noteworthy.

Two that stand out are Steven Yeun in Minari and Riz Ahmed in Sound of Metal.

Both of these actors delivered emotionally deep performances and were perhaps two of the most powerful roles this year. In any other year, they’d be fighting each other to be one of the top favorites.

Frances McDormand would probably be the favorite to win if she hadn’t won one so recently. She’s also won twice now, so regardless of another impressive effort, she’s not the top dog here.

It’s arguable she should be, of course, so her +450 odds are very appealing.

Viola Davis is every bit as talented, and nobody should balk if she lives up to the favorite label. She was as good as ever, but her +160 price tells you that it isn’t quite a slam dunk.

McDormand and Carey Mulligan are likely her main threats, but Kate Winslet was an early contender and could gain some steam again.

There are other 2021 Oscars odds out for lesser-known categories, but I’m just breaking down the main ones to give you a sample of what you can bet on now.

Bettors can absolutely bet on the 2021 Oscars now and snag some serious value, but with nominations not finalized, it’s obviously risky.

Most people that stumble upon this 2021 Oscars betting guide want to know where to bet, what the latest Oscars odds are, who is nominated, or how to actually bet on the Oscars.

You have the information above now, and if you need advice on how to bet on the 2021 Oscars, I’m here to help.

Luckily, it’s really easy to get started.

There are two ways to gauge how to bet on the Oscars in any year. The first is the actual act of placing a bet, which not everyone has done or knows how to do.

Here’s a step-by-step process that could prove useful if you’re new to betting on the Oscars online.

Choose an Oscars Betting Site

Create an Account

Deposit Some Money

Claim Your Bonus

Bet on the Oscars

Withdraw Your Earnings

Bovada Oscars Betting Game

Learning how to bet on the 2021 Oscars is one thing, but there is another “how” built into that language, and that’s the actual strategy you use.

This doesn’t have to be too intense, seeing as betting on the Oscars is inherently subjective.

Seriously, the whole thing is a bunch of people you don’t know voting on someone to win an award for some art they’ve created. One way or another, everything about that entire process is purely opinion-based.

Because humans are voting for other humans to win based on subjective perception, bettors can look for value in a lot of Oscars betting categories.

Here are a few things to consider when sitting down to bet on the Oscars.

• Betting Narratives
• Oscars Odds
• Upsets Happen
• Bet Early (Sometimes)
• Watch the Movies
• Pay Attention to Buzz

One of the big things is narratives.

In 2021, one could be the passing of Chadwick Boseman. He’s deserving of being nominated, but if he hadn’t died, it’s arguable his performance wasn’t so transcendent that he’d be the favorite for Best Actor.

He was a great actor, however, and his passing reminded everyone of that. Much like what happened with Heath Ledger, Boseman is sure to be honored here for his body of work.

Deaths, major movements, and public outcry concerning a variety of things can shape narratives going into the Oscars. The Academy doesn’t always bend to them, but you can certainly place bets based on the feel of things.

Pricing for the Oscars should be the main thing that sways you, of course. Favorites usually end up winning, especially when they have ironclad odds.

There is still value in targeting some upsets. Surprises do happen at the Oscars, after all.

9 Wild Academy Awards Upsets That We’ll Never Forget

The Oscars are often panned for being too predictable. I get it, too, since each year brings another chance to win big by betting on the Oscars, yet the top favorites seem to always win. It does feel that way, but looking back on the history of the Academy...

Before you allow any of this to dictate how you bet on the Oscars in 2021, consider placing some early bets. I do think you need to feel pretty good about two things; the bet’s chances of winning and its price.

I don’t think I’d suggest eating a -550 price this early, and I also wouldn’t chase huge prices with a mere “hope” of cashing in.

Ideally, you have sound reasoning behind every bet, you’re getting solid value, and you’re betting on a nominee that, well, actually ends up getting nominated.

Another great Oscars betting tip is to pay attention to all of the buzz floating around. This year is different, with a lot of the popular film festivals being canceled, but you should be able to use Golden Globes nominations (and wins) to your advantage.

I don’t think it’s a must, but it could be hard to locate betting value if you don’t know which films or performances are being overlooked by the oddsmakers. Some movies will be a bore, to be sure, but this is an underrated part of researching for Oscars bets.

Anytime you bet on any genre, you want to know as much as possible. That certainly applies to betting on the Oscars, which is by nature a subjective process.

Bovada Oscars Betting Games

The nice thing is the Oscars odds give you a pretty nice baseline, and there also tend to be a lot of rumors creating helpful (although sometimes distracting) buzz.

Paying attention to how things unfold at the Golden Globes could be helpful, too.

Beyond any actual entertainment betting strategy, the best tip is to find the best sites for betting on the Oscars, and also try to lock in any bonuses or promotions you can get your hands on.

Betting on the 2021 Oscars can be a bit volatile, but if you stick with most of the favorites and take a couple of shots on some viable upsets, you should have a chance to end the night in the green.

Bovada Oscars Betting Odds

For future betting odds, analysis, and predictions for the Oscars and other entertainment betting markets, feel free to bookmark our entertainment betting blog.

Each year in Los Angeles, all the beautiful people of Hollywood gather together to hand out gold-plated trophies and pat each other on the back in an event known as the Academy Awards. The first ceremony took place in 1929, and it’s grown into an annual pop culture phenomenon filled with fashion and pageantry. Some watch for the awards, while millions of others tune in to see what the celebs are wearing on the red carpet.

In addition to watching the event, fans of gambling and/or cinema can also take advantage of Oscars betting. Most sportsbooks offer a smattering of options around awards season, and the savvy cinephile has an opportunity to clean up on a few well-placed underdog bets.

How Oscar Voting Works

Bovada Sports Lines

Oscar winners are voted on by the members of the Academy of Motion Picture Arts and Sciences. There are around 6,000 members in this organization, 33% of which are comprised of former award nominees. The other 67% have been nominated by current members and voted in by the Academy’s governing body.

In most categories, nominees are determined by the members of that specific category. For example, directors determine the nominees for Best Director. The Best Picture nominees are voted on by all members, and categories such as Documentary and Foreign Film are selected by a special panel.

Bovada Betting Odds

Once the nominees have been announced, members may vote in all available categories. The results are tabulated and announced during the annual telecast of the Oscars (held in late February). Winning or being nominated for an Oscar increases a film’s revenue, and male actors can enjoy a salary bump of up to 81%.

Academy Award Betting Options

Some sportsbooks offer a wide range of wagers for the Oscars, while some limit the number to one or two. The following are among the most common:

• Futures Winner – Some sites offer future bets on Oscar winners before the nominations are even announced. The odds are greater due to the level of uncertainty, but the potential payout is also higher.
• Outright Winner – These odds are released after the nominees have been announced, and they allow bettors to predict the outright winners for various categories. Best Picture and Best Actor are always a given, but some sites may take wagers on Screenplay, Cinematography, and even Best Animated Feature.
• Over/Under – If a film is nominated for multiple Oscars, expect an over/under to be available. In this style of wagering, the bettor must choose if the actual number of awards won will be higher or lower than the number listed by the oddsmaker.
• Proposition Bets – Also known as “prop bets,” this type of wager can cover a wide range of subject matter. Examples might include the over/under on the length of the show, the brand of dress worn by a celebrity, or whether or not the host takes a selfie with someone during the broadcast. Some oddsmakers can get rather wild with this option.

Bovada Sports

Predicting Oscar Winners

Some Academy Award winners come out of nowhere, but the outcome can often be predicted with a bit of patience and research. The best place to start is with earlier awards shows such as the Golden Globes and SAG. If a film or performer is consistently successful in the run-up to the Oscars, then they’re a good bet to take home the little statuette.

Hollywood loves a good message movie, so keep this in mind when picking your Best Picture candidate. Look for movies about war, slavery, and the Holocaust, as the members of the Academy seem to have a perpetual soft spot for any film involving an “issue” or human suffering.

Bovada Oscars Betting Against

Actors and actresses are also in a good position to take home an Oscar when they get to do a lot of “acting.” I’m talking about scene-stealing performances with lots of shouting and other slightly melodramatic behavior. Anything by Daniel Day-Lewis is a good example, as is any role that deals with deformities, handicaps, or a handsome performer being made to look ugly (Charlize Theron in Monster, for example).